Where do aerospace and defence occupiers lease office space in Mumbai?

Most cluster in Lower Parel & Worli. Rent runs ~320 INR/sqft ($46 USD) for trophy and prime stock.

What fit-out spec do aerospace and defence occupiers run in Mumbai?

Typically high-end at $115–175/sqft.

How much office space per seat should a aerospace and defence occupier plan in Mumbai?

Plan ~210 sqft per seat blended. A 100-person team typically takes 21,000 sqft.

What NAICS codes describe the aerospace and defence vertical?

Representative NAICS 2022 codes: 3364, 5415.

What is the talent index in Mumbai?

60/100. Use the city profile for full detail.

Aerospace and defence occupiers in Mumbai typically cluster in Lower Parel & Worli, plan ~210 sqft per seat at high-end fit-out ($115–175/sqft), and pay around 320 INR/sqft ($46 USD) on Class A.

Preferred submarket: Lower Parel & Worli.
Typical fit-out spec: High-end ($115–175/sqft).
Plan ~210 sqft per seat for headcount sizing.
Class A rent context: 320 INR/sqft ($46 USD).
Typical lease: 5 years with 4 months rent-free.
Talent depth in Mumbai: 60/100.

Aerospace and defence office space in Mumbai

Aerospace and defence occupiers in Mumbai typically cluster in Lower Parel & Worli, plan ~210 sqft per seat at high-end fit-out">fit-out ($115–175/sqft), and pay around 320 INR/sqft ($46 USD) on Class A.

TL;DR

Preferred submarket: Lower Parel & Worli.
Typical fit-out spec: High-end ($115–175/sqft).
Plan ~210 sqft per seat for headcount sizing.
Class A rent context: 320 INR/sqft ($46 USD).
Typical lease: 5 years with 4 months rent-free.
Talent depth in Mumbai: 60/100.

Where they cluster

Aerospace and defence occupiers in Mumbai typically anchor in Lower Parel & Worli. Tech, media, banking back-office, professional services.

What they pay

Class A rent in Mumbai runs 320 INR/sqft ($46 USD) on a 5-year lease with 4 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical aerospace and defence fit-out targets high-end specification at $115–175/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 210 sqft per seat blended (workstation + circulation + amenity). A 100-headcount aero/defence office in Mumbai typically targets 21,000 sqft of leasable area.

Talent angle

Programme leadership and contracting teams concentrate near government anchors; cleared-personnel logistics drive submarket selection. India's deepest financial-services and tech talent pool. Average all-in compensation indexes 60.

Tax and lease context

Headline corporate tax: 25.2%. Standard 5-year lease (often 3+2 or 5+5). Rent quoted as INR per square foot per month. Maintenance billed separately. Security deposit of 6-12 months standard. Stamp duty payable on lease execution.

Key facts

city	Mumbai
industry	Aerospace and defence
naics	3364, 5415
preferredSubmarket	Lower Parel & Worli
preferredFitoutSpec	High-end
fitoutBand	$115–175/sqft
sqftPerSeat	210
classARentLocal	320 INR/sqft/yr
classARentUsd	$46/sqft/yr
vacancyPct	12.6%
typicalLeaseYears	5
typicalRentFreeMonths	4
talentIndex	60
corporateTaxPct	25.2%

Frequently asked questions

Where do aerospace and defence occupiers lease office space in Mumbai?: Most cluster in Lower Parel & Worli. Rent runs ~320 INR/sqft ($46 USD) for trophy and prime stock.
What fit-out spec do aerospace and defence occupiers run in Mumbai?: Typically high-end at $115–175/sqft.
How much office space per seat should a aerospace and defence occupier plan in Mumbai?: Plan ~210 sqft per seat blended. A 100-person team typically takes 21,000 sqft.
What NAICS codes describe the aerospace and defence vertical?: Representative NAICS 2022 codes: 3364, 5415.
What is the talent index in Mumbai?: 60/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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